Cycurion, Inc. · NASDAQ:CYCU
Cycurion — SPAC Merger (November 2022)
20 slides from Cycurion's SPAC merger presentation, November 2022
Slide 1: Company Overview
Company Overview November 2022
Slide 2: Disclaimer
Disclaimer Important Information and Where to Find it In connection with the proposed business combination, Western will file a registration statement on Form S-4 with the SEC. The Form S-4 will include a proxy statement/prospectus of Western. Additionally, Western will file other relevant materials
Slide 3: Forward Looking Statements
Forward Looking Statements Disclaimer The information in this press release includes “forward-looking statements” within the meaning of “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “target,” “believe,
Slide 4: Transaction Structure, Valuation, Capital Structure
Transaction Structure • Cycurion, Inc. (“Cycurion”) to combine with Western Acquisition Ventures Corp. (“Western”), a publicly- listed Special Purpose Acquisition Company (“SPAC”), with approximately $116.77 MM cash currently held in trust1 Valuation • Transaction implies a pro forma enterprise valu
Slide 5: Transaction Overview
Transaction Overview Illustrative Sources (1) Pro Forma Valuation Cycurion Equity(2) $95.00 Share Price ($ / sh.) $10.00 SPAC Cash in Trust (3) 116.77 Pro Forma Shares Outstanding (1)(2) 27.16 PIPE Cash 5.00 Implied Equity Value 271.63 Total Sources $216.77 (+) Debt (6) 14.73 (-) Pro Forma Cash (7)
Slide 6: The Cycurion Team
The Cycurion Team • Founded NetCom Solutions International and grew to nearly a $300MM company in six years with Emmit McHenry operations in US, UK and South Africa CEO • Founded Network Solutions and led its sale to SAIC • Held senior executive position at Connecticut General, Union Mutual and Alls
Slide 7: The Western Team
The Western Team Stephen Christoffersen, CFA, Chief Executive Officer Ade Okunubi, MBA, CFA, Director • CEO of Range Ventures, LLC • Managing Partner, OKA Holdings, LLC • BOD and CFO for XS Financial, Inc. (CSE: XSF) • Chief Operating Officer, Techni-Tool Inc. • Former CFO of KushCo Holdings Inc. (O
Slide 8: Cyber Attacks are Existential Threats
Cyber Attacks are Existential Threats The total cost of cybercrime attacks could reach $10.5 trillion by 2025, representing a CAGR of 15% over the next five years. Source: Cybersecurity Ventures • “As the world is increasing interconnected, everyone shares the responsibility of securing cyberspace.”
Slide 9: Cybersecurity Total Addressable Market
Cybersecurity Total Addressable Market Cybersecurity products and services could reach $174 billion in 2024, representing a CAGR 8.1% for the period 2020-2024. Source: IDC • US is estimated to be the largest market, followed by China and the UK. Gartner projects the global cybersecurity spend to rea
Slide 10: Company Snapshot
Company Snapshot In the age of Digital Transformation, the growing risk of cyber-piracy requires unique solutions to protect sensitive data and prevent data breaches for the privacy of patients, clients, partners, and organizations. Cycurion is committed to delivering cybersecurity solutions that pr
Slide 11: Key Clients and Partners
Key Clients and Partners Government Commercial
Slide 12: Business Description
Business Description Our Vision is to be the leading provider of cybersecurity solutions and services Cycurion Cybersecurity Managed Security Consulting and Managed IT Services Platform Solutions Advisory Services Our Mission is to protect our clients’ digital assets by partnering the right tools an
Slide 13: Services and Solutions
Services and Solutions Cycurion ARx Security Consulting and Managed Security Managed IT Services Platform Advisory Services Services Project Management C-Suite Dashboard Enterprise Risk SOC as a Service and IV&V Web Application Management Managed Detection and Microsoft 365 Support Res
Slide 14: The Cycurion Security Platform
The People The Cycurion Security Platform Subject Matter Experts The Technology Multi-layered SaaS Protection has Arrived. Minimizes false positives Talent Layer 1: Geo-Gating Seasoned and certified cybersecurity professionals focused on protecting our Unparalleled threat clients’ digital assets. de
Slide 15: Cycurion ARx Dashboard
Cycurion ARx Dashboar © tosrser
Slide 16: Value Proposition
Value Proposition • The Cycurion Advantage • Customer Cost Savings • Experienced Leadership Team • Reduce False Positive Alerts • Revolutionary SaaS IP • Reduction of Monitoring Staff • Strong Strategic Partnerships • Reduction of Technology Cost • Real-time Integrated Management and C-Suite Dashboa
Slide 17: Growth Strategy
Growth Strategy • Create Channel Partner Program • Build Capacity to Generate Organic Growth and • Target specific markets Profit • In initial discussions with enterprise partners • Add C-Suite Executive Talent to Team • Build Internal Sales and Marketing Team • Increase Direct Sales Resource • Incr
Slide 18: Appendix
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Slide 19: Cycurion Board of Directors
Cycurion Board of Directors • Chairman & CEO of the Deltennium Group Gerry Czarnecki • Former Director State Farm Insurance - Fifteen (15) Years • Director Jack Cooper Enterprises, DirectView Holdings, RFD & Associates Director • National Association of Corporate Directors Board Leadership Fellow •
Slide 20: Cycurion Security Platform Competitive Analysis
Cycurion Security Platform ww Hy cycurion Security Platform Competitive Analysis Akamai Imperva FS CloudFlare Radware Managed Security Services WAF © Operate on Detect Mode Bot Mitigation Proprietary Algorithm Geo-Gate Out the Box Pure Software Solution C-Suite Executive Dashboard On Premises Q2QeQ2